Spain - Spices Except Pepper or Ginger - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Spices Except Pepper or Ginger in Spain - 2023
Contents:
- Price for Spices Except Pepper or Ginger in Spain (FOB) - 2022
- Price for Spices Except Pepper or Ginger in Spain (CIF) - 2022
- Exports of Spices Except Pepper or Ginger in Spain
- Imports of Spices Except Pepper or Ginger in Spain
Price for Spices Except Pepper or Ginger in Spain (FOB) - 2022
The average export price for spices except pepper or ginger stood at $7,770 per ton in 2022, with an increase of 11% against the previous year. Overall, the export price, however, recorded a perceptible curtailment. The export price peaked at $11,151 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($9,838 per ton), while the average price for exports to the Netherlands ($2,433 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Spices Except Pepper or Ginger in Spain (CIF) - 2022
In 2022, the average import price for spices except pepper or ginger amounted to $9,829 per ton, jumping by 41% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Iran ($14,394 per ton), while the price for Belgium ($3,053 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Spices Except Pepper or Ginger in Spain
In 2022, overseas shipments of spices except pepper or ginger decreased by -8.4% to 14K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +10.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 41%.
In value terms, spices except pepper or ginger exports amounted to $108M in 2022. The total export value increased at an average annual rate of +7.1% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 21% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
Export of Spices Except Pepper or Ginger in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 19.9 | 25.6 | 23.3 | 24.9 | 7.8% |
France | 9.7 | 14.6 | 18.3 | 12.7 | 9.4% |
Portugal | 4.8 | 8.7 | 9.9 | 8.5 | 21.0% |
United Kingdom | 5.7 | 6.7 | 6.9 | 7.8 | 11.0% |
Germany | 3.1 | 3.9 | 4.6 | 4.3 | 11.5% |
Cuba | 2.5 | 2.6 | 1.3 | 3.8 | 15.0% |
Netherlands | 3.0 | 3.1 | 2.6 | 2.5 | -5.9% |
Others | 38.8 | 40.9 | 39.2 | 43.0 | 3.5% |
Total | 87.6 | 106 | 106 | 108 | 7.2% |
Top Export Markets for Spices Except Pepper or Ginger from Spain in 2022:
- France (3.2K tons)
- United States (2.6K tons)
- Portugal (2.0K tons)
- Netherlands (1.0K tons)
- United Kingdom (1.0K tons)
- Cuba (0.7K tons)
- Germany (0.6K tons)
Imports of Spices Except Pepper or Ginger in Spain
In 2022, overseas purchases of spices except pepper or ginger decreased by -9.7% to 7.6K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 14% against the previous year. As a result, imports reached the peak of 8.7K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, spices except pepper or ginger imports surged to $75M in 2022. The total import value increased at an average annual rate of +10.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Spices Except Pepper or Ginger in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Iran | 30.2 | 26.7 | 26.3 | 43.3 | 12.8% |
Germany | 3.2 | 4.1 | 5.7 | 6.8 | 28.6% |
India | 2.6 | 3.0 | 3.9 | 3.3 | 8.3% |
Netherlands | 1.2 | 1.1 | 2.2 | 3.1 | 37.2% |
Afghanistan | 0.4 | 1.4 | 1.1 | 2.3 | 79.2% |
Poland | 1.5 | 3.0 | 1.4 | 1.4 | -2.3% |
France | 1.2 | 1.3 | 1.1 | 1.4 | 5.3% |
Morocco | 1.9 | 1.5 | 1.5 | 1.4 | -9.7% |
Peru | 0.8 | 0.5 | 1.1 | 1.1 | 11.2% |
Turkey | 1.0 | 1.1 | 1.5 | 1.0 | 0.0% |
Belgium | 2.2 | 2.1 | 2.9 | 1.0 | -23.1% |
Egypt | 0.1 | 0.2 | 0.3 | 0.4 | 58.7% |
Others | 8.9 | 10.4 | 10.0 | 8.2 | -2.7% |
Total | 55.2 | 56.6 | 58.9 | 74.7 | 10.6% |
Top Suppliers of Spices Except Pepper or Ginger to Spain in 2022:
- Iran (3006.2 tons)
- India (1066.2 tons)
- Germany (869.9 tons)
- Netherlands (437.1 tons)
- Belgium (332.1 tons)
- Peru (271.0 tons)
- Poland (242.8 tons)
- Morocco (185.0 tons)
- France (176.1 tons)
- Afghanistan (162.5 tons)
- Turkey (138.9 tons)
- Egypt (122.2 tons)
This report provides an in-depth analysis of the market for spices except pepper or ginger in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 723 - Spices nes
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Apricot exports from Spain increased to $170M thanks to rising demand from Italy and France, despite rising export prices. Export to other major destinations - Germany and the UK - failed to catch up with the figures of the previous year. Germany, France and Italy remain the major importers of Spanish apricots in 2020.
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In the wake of the pandemic, the ginger market has accelerated its growth as demand for foods with a reputation for immunity system health has soared to unprecedented heights. India, which almost tripled its export of ginger in 2020, may become a serious competitor to the main global supplier - China. The majority of the developed countries have increased the volume of imports, which, in the context of Covid restrictions and a shortage of container traffic, has led to an increase in prices for the product.
The global ginger market revenue amounted to $5.3B in 2018, jumping by 2.8% against the previous year. This figure...
Global ginger consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
Global ginger imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
The global ginger market recorded a positive trend over the period under review, growing from X thousand tons in 2007 to X thousand tons in 2015 with a CAGR +X>